Forterra (FRTA) Misses Q3 EPS by 5c, Revenues Miss

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Forterra Announces Third Quarter 2018 Results

November 6, 2018 6:00 AM EST

IRVING, Texas, Nov. 06, 2018 (GLOBE NEWSWIRE) -- Forterra, Inc. (Forterra or the Company) (NASDAQ: FRTA), a leading manufacturer of water and drainage infrastructure pipe and products in the United States and Eastern Canada, today announced results for the quarter ended September 30, 2018.

Third Quarter Highlights

Stronger end-market demand in both the Drainage and Water segmentsImproved results in the Drainage segment due to higher selling prices and cost controlsProgress from operational and commercial initiatives in the Water segment late in the third quarterEstimated negative impact of extraordinary weather to... More